The stage is set for the Rising Rajasthan Global Investment Summit 2024, a landmark event poised to shape Rajasthan’s economic future. Taking place in Jaipur from December 9 to 11, the summit has already attracted investment proposals worth an impressive ₹25 lakh crore.
Prime Minister Narendra Modi will inaugurate the event today, with prominent industrialists and central ministers in attendance. The opening session will feature discussions with business magnates such as Gautam Adani and Anand Mahindra, who are set to deliberate investment opportunities with Rajasthan Chief Minister Bhajanlal Sharma.
High-Profile Participation and Robust Security
Over 30 leading industrialists, along with central ministers and foreign dignitaries, will participate in the summit. International presence is notable, with countries such as Switzerland, Malaysia, Spain, Brazil, and Venezuela confirming their attendance. Thirteen ambassadors posted in India will also be among the 185 state guests, each assigned a protocol officer to ensure seamless coordination.
To maintain security and law and order, more than 4,000 police personnel, including 11 IPS officers, have been deployed across Jaipur.
Focus on Investment Across Key Sectors
The summit will feature 12 thematic sessions spotlighting Rajasthan’s investment potential across diverse sectors. A standout session on the tourism sector, titled “Embracing Diversity: Promoting Inclusive Tourism,” aims to showcase the state’s rich cultural heritage and opportunities for growth.
Other sessions will explore investments in MSMEs, exports, energy, minerals, and renewable energy, reflecting Rajasthan’s strategic focus on sustainability and industrial development.
Policy Push to Propel Growth
In a bid to attract investors, Chief Minister Bhajanlal Sharma has introduced nine new policies, targeting key growth areas such as MSMEs, exports, tourism, energy, and minerals. These initiatives aim to double the state’s economy, signaling the government’s proactive approach to economic development within the first year of Sharma’s tenure.
Challenges and the Road Ahead
While the summit exudes promise, the Sharma government faces the critical challenge of ensuring the execution of investment proposals. Similar events in the past, such as Investment Rajasthan under the Ashok Gehlot government and Resurgent Rajasthan during Vasundhara Raje’s tenure, witnessed limited success in implementing signed MOUs.
For Rajasthan, the Rising Rajasthan Global Investment Summit 2024 represents a pivotal opportunity to rewrite this narrative by converting commitments into tangible outcomes, bolstering the state’s economic growth and global standing.